Resort Savers, Inc. (RSSV) is a strategic acquisition and development company focused on identifying and acquiring high demand, revenue-generating assets. RSSV is currently involved and investing in the oil and gas industry, real estate development, health drink production and is entering the cardboard packaging industry by acquiring Kashi.

 

As Pinnacle Research analyzed the 2016 Annual Report and crunched some numbers, we have ascertained the following important results for the 2016 Fiscal Year that ended on January 31, 2017:

  • RSSV generated $95 million in revenue, meeting the previous annual guidance provided by Zhau Gui Bin, President and CEO. Also, 2016 was the first year in its history that RSSV generated revenue.
  • Net losses for 2016 were @2.1 million, a significant decrease from $4.3 in 2015;
  • RSSV completed 2016 with Accounts Receivables of $43 million and an Amount Due from Related Parties (also considered a receivable) of $27 million, which provides a strong foundation for 2017 Q1 revenues.
  • Total Assets have increased from 31 million USD at the end of 2015 on January 31, 2016 to 72 million USD as of the end of fiscal year 2016 on January 31, 2017, primarily due to the increase in Accounts Receivables and Amount Due from Related Parties as noted above.

 

Pinnacle Research’s Projection of revenue for Q3, was based on Q2 receivables.

  • $32 million (.75% of 2016 Accounts Receivable of $43 million;
  • $27 million attributed to Due from Related Party as of January 3, 2017.
  • With a projected total revenue of $59 million for Q1 2017.

 

Significant corporate milestones for FY 2016:

  • First year to generate revenue totaling $95 million;
  • Annual net loss was reduced from $4.3 million in 2015 to $2.1 million in FY 2016;
  • BYTOC (oil company) acquisition completed successful transition to a public traded company;

Expectations for 2017:

·         Amuli will be in production during 2017 Q1, which should contribute to both revenue and annual profit.

  • Ongoing work on completing the Kashi acquisition.

To view a copy of the full 2016 Annual report, please click the link below:

https://www.sec.gov/Archives/edgar/data/1572384/000164033417000999/rssv_10k.htm

 

 

All projected numbers are those of Pinnacle Research based on a formula we incorporated and not those of the company.